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Bank of Korea keeps benchmark interest rate steady at 0.5% Updated: 2021-04-15 10:02:38 KST

South Korea's central bank has kept its benchmark interest rate unchanged at a record low point-five percent.
The decision was made on Thursday, and its the seventh consecutive time that the Bank of Korea has kept the interest rate unchanged.
The bank said it maintained its expansionary policy due to the economic uncertainties caused by the pandemic.
Although exports and investment are showing signs of recovery, domestic consumption has been sluggish.
The BOK cut its key interest rate to point-seven-five percent in March 2020 and lowered it again two months later to point-five percent.
KOGL : Korea Open Government License
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